need 10 minutes Question 12 (1 point) West Wood Ltd. has performed very well...

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Question 12 (1 point) West Wood Ltd. has performed very well over the past decades. Its stock price is as high as $2,500 per share. The firm has 3 million shares outstanding, after seeing many firms benefit from stock splits, the management group plans to announce a 20-for-3 stock split. What will the stock price be after the split? $1,667 $375 $700 $1,200 $500 Question 11 (1 point) Which of the following statements about leverage is NOT true? As a firm increases its leverage, shareholders bear greater risk so a higher compensation is required. If a company expects to have higher sales next year, then the company should use more leverage. As a firm increases its leverage, the firm's business risk remains unchanged. If a company expects to have lower sales next year, then an increased leverage will provide a greater payoff to shareholders (as measured by ROE and EPS). All of the above. Question 7 (1 point) Which of the following information would be useless when calculating the net advantage to leasing (NAL)? The lessee's tax rate. The purchasing price of the leased asset. The amount of depreciation. The lessee's firm value. The lease payment

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